What Is the Main Purpose of a Written Code of Ethics

question 103

Multiple Choice

What is the main purpose of a written code of ethics?

• A) to satisfy the requirements of federal legislation
• B) to eliminate the need for top management to monitor ethical behaviour, thus giving these managers more time to deal with other issues
• C) to provide guidance to help employees make sound ethical decisions across a range of situations
• D) to explain how the organization will go about satisfying its social responsibilities to each major type of stakeholder

---

Definitions:

Corporate Crime

Illegal acts committed by a company or individuals acting on its behalf, often to increase profit or market dominance.

Prevent

means to take action in advance to stop something undesirable from happening.

Family Influence

The impact that family members have on each other's attitudes, beliefs, and behaviors, often shaping personal development and decision-making.

Personal Values

Core beliefs or principles that individuals hold as important in their lives, guiding their behavior and decisions.